Modern Thought
Modern Thought by Jibreel B. Turner, published by AuthorHouse in May 2004, is a practical guide aimed at tax professionals and taxpayers. This 108-page book provides an overview of the complexities surrounding Investment Fraud and the relief options available under Section 165 of the Internal Revenue Code, which was enacted in 1954. The author addresses the challenges faced by victims of fraud and outlines the processes involved in claiming deductions related to these losses.
Readers will find a detailed examination of the legal and procedural aspects of claiming relief for investment fraud losses. The book focuses on the historical context of the legislation and its application, particularly in light of its underutilization until recent years. With a focus on American poetry as a subject, this edition serves as a resource for those looking to navigate the intricacies of tax deductions related to fraud, providing clarity and guidance for both professionals and individuals affected by such financial crimes.
Official synopsis Publisher
Investment Fraud accounts for billions of dollars of losses each year from unsuspecting victims. In 1954, Congress enacted Section 165 of the Internal Revenue Code. Its purpose was to give some relief to the victims of fraud. For many understandable reasons it was rarely utilized until about 8 years ago. This book is intended to be a practical way for tax professionals and taxpayers understand what is involved to claim the deduction.
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